Malaysia Economy to Expand Slowly
World Economy

Malaysia Economy to Expand Slowly

The Malaysian economy is expected to expand at a slower rate in the months ahead, according to the department of statistics, Yahoo reported. In its report, its Leading Index posted a decline of 1.5% to 116.4 points from 118.2 points in the previous month. The high percentage decrease were the real imports of other basic precious and other non-ferrous metal (-0.8%), with the annual change of LI showing a slow momentum in the reference month. Meanwhile, the Coincident Index which measures the current economic activity grew by 0.2% in February 2016. The annual change of CI rose to 1.1% against 0.9% in January 2016. The annual change of LI showed a slight decrease from the previous month, however, the annual change of CI showed an improvement in February 2016. Simultaneously, both Diffusion Indexes were above 50%. “Based on this scenario, it is expected that the Malaysian economy will continue to expand at a slower rate in the following months,” the statistics department said.


Short URL : http://goo.gl/teSn1W
  1. http://goo.gl/eWmNc2
  • http://goo.gl/NvQzKJ
  • http://goo.gl/jq14Bh
  • http://goo.gl/ADQOWu
  • http://goo.gl/hMtyPR

You can also read ...

Cybercrime cost has jumped by $155 billion since 2014.
Global businesses are losing the equivalent of nearly 1% of...
Pakistan to Be Placed Back on FATF List
Pakistan will be placed back onto an international terrorism-...
US Presses India to Cut Tariffs
US businesses and diplomats are pressing India to cut tariffs...
UAE Inflation  to Rise to 3.3%
Inflation is expected to rise to 3.3% in the UAE as the 5%...
Turkey will have the widest current account deficit this year at 4.5% of GDP, followed by Argentina and Colombia.
As the US and European countries embark on a monetary...
Europe’s main London, Frankfurt and Paris markets barely budged in early moves.
A stronger dollar and slightly higher global borrowing costs...
The ECB expressed more confidence that inflation would converge over time to its 2% target.
Released within 24 hours of each other this week, the minutes...
Fitch in November affirmed the country’s BB+ stable outlook rating.
Fitch, the ratings agency that cut South Africa’s sovereign...